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UK Finance and the Building Societies Association are calling for important changes to be made to the Support for Mortgage Interest (SMI) scheme to help struggling homeowners as the furlough scheme draws to a close.
BSA comments following the publication of the independent review on housing
The industry can report that 83 per cent of cash ISA transfers were completed within seven working days during the period 1 January 2021 to 30 June 2021.
BSA and UK Finance comment on report by independent experts on building safety in medium and lower rise blocks of flats
Open letter from the BSA to the Secretary of State for Business, Energy and Industrial Strategy
The latest Property Tracker survey from the Building Societies Association (BSA), reveals consumer confidence in the housing market remains strong.
The latest Property Tracker survey from the Building Societies Association, reveals consumer confidence in the housing market remains strong in Wales.
The latest Property Tracker survey from the Building Societies Association, reveals consumer confidence in the housing market remains strong in Scotland, despite over half the respondents citing lack of job security as a barrier to buying a property.
Six of the seven initial lenders involved in the scheme are building societies: Chorley Building Society, Darlington Building Society, Leeds Building Society, Mansfield Building Society, Nationwide Building Society and Newcastle Building Society.
The Building Societies Association and UK Finance are calling for changes to SMI to help these homeowners to avoid their financial situation deteriorating by getting help sooner.
Released today, figures from the BSA for Q1 2021 clearly show a robust housing market in action with mortgage lending by building societies up 33% compared to the same period last year.
The industry can report that 89 per cent of cash ISA transfers were completed within this timeframe during 1 January 2021 to 31 March 2021.